Telegram X (Twitter)
    Telegram X (Twitter)
    amg-news.com – American Media Group
    Friday, May 9
    • Shop
      • Books
      • Supliments
      • Politics
    • News
    • Events
    • Politics
    • Judy Byington
    • QFS
    • Guantanamo Bay
    • Med Beds
    • World
    • Others
      • New World Order
      • Video
      • FEMA
      • Natural Health
      • Big Government
      • History
      • Editor’s Picks
      • ALL CATEGORIES
    • DONATE
    Telegram X (Twitter)
    amg-news.com – American Media Group
    Home»Economy Collapse»NEW: Markets Wobble as US Struggles to Reach Debt Deal
    Economy Collapse

    NEW: Markets Wobble as US Struggles to Reach Debt Deal

    Medeea GreereBy Medeea GreereMay 16, 2023No Comments5 Mins Read
    Twitter Facebook Telegram WhatsApp Email Reddit VKontakte Copy Link
    Share
    Twitter Facebook Telegram WhatsApp Email Reddit VKontakte Copy Link

    NEW: Markets Wobble as US Struggles to Reach Debt Deal

    Medeea Greere, an independent publisher, is now on Telegram at https://t.me/AMGNEWS2022 and exists only on reader support as we publish Truth, Freedom and Love for public awareness. Thank You for your support!


    Equities were mixed Tuesday as traders grew increasingly concerned that US lawmakers remain far apart in talks to raise the country’s borrowing limit to avert a default.

    Trader sentiment was also weighed by data showing China’s economic recovery remained sticky, with key indicators missing expectations owing to weak domestic demand.

    While there is a general feeling that an agreement will be reached, Republican House Speaker Kevin McCarthy warned Monday that staff-level meetings were “not productive at all” and they were “nowhere near reaching a conclusion”.

    For their part, Republicans are demanding spending cuts as a condition for passing the bill while Democrats want a “clean” increase of the borrowing limit with no strings attached.

    US President Joe Biden, who has expressed confidence the two sides can bridge the gap, is scheduled to meet with McCarthy and other congressional leaders at the White House later Tuesday.

    McCarthy’s comments came after Treasury Secretary Janet Yellen again said the government would likely run out of cash on June 1, meaning it would not be able to meet its debt repayment obligations, sparking a potentially devastating default.

    • ‘Quantum Field’: Secret  Techniques Used By A Former CIA Scientist To Open Your ‘3rd EYE’

    Meanwhile, two top Federal Reserve officials suggested they were in favour of pausing the US central bank’s interest rate-hiking drive next month.

    Chicago Fed boss Austan Goolsbee said he wanted to wait for the effects of more than a year of increases aimed at bringing inflation down from multi-decade highs.

    “There is still a lot of the impact of the 500 basis points we did in the last year that’s still to come,” he told CNBC. “And you add on that there are tight credit conditions, and I think that we should be extra mindful.

    “We need to take that into account, and the only way to do that is sit and watch it.”

    President Trump TRB Card

    Below-forecast China data

    Atlanta Fed president Raphael Bostic added that he favoured staying put at the June meeting, though he threw cold water on any hope for a cut before the end of the year.

    While Bostic made clear he favours putting the policy on hold for now, he also suggested that the next move may be more likely up than down, given the persistence of price pressures.

    But Minneapolis Fed President Neel Kashkari said monetary policymakers still had plenty of work to do to rein in prices, citing the still strong labour market and the fact that inflation, at five percent, remained well above the bank’s two percent target.

    Hong Kong was flat, with support coming from a rally in tech firms following news that US investor Michael Burry — who made his name predicting the 2008 housing crisis — had boosted his investments in e-commerce giants Alibaba and JD.com.

    • Recession Profit Secret 2023 | Make More Money or Lose Everything | You Must Decide Today

    However, below-forecast readings on Chinese retail sales, industrial production and fixed asset investment reinforced the view that the world’s number two economy was still struggling to bounce back from years of tough zero-Covid measures.

    “It is well understood that China’s recovery will not in any way, shape or form (recover) linearly like the recoveries of yesteryears, especially with youth unemployment hitting 20 percent,” said SPI Asset Management’s Stephen Innes.

    “That is an unsettling and scary number.”

    There were also losses in Shanghai, Sydney, Singapore, Mumbai, Jakarta and Bangkok, though Tokyo, Seoul, Taipei and Manila edged up.

    London rose in the morning, Frankfurt was flat and Paris edged down.

    Key figures around 0810 GMT 

    Tokyo – Nikkei 225: UP 0.7 percent at 29,842.99 (close)

    Hong Kong – Hang Seng Index: FLAT at 19,978.25 (close)

    Shanghai – Composite: DOWN 0.6 percent at 3,290.99 (close)

    London – FTSE 100: UP 0.2 percent at 7,791.93

    Euro/dollar: UP at $1.0884 from $1.0878 on Monday

    Pound/dollar: DOWN at $1.2500 from $1.2528

    Dollar/yen: DOWN at 135.87 yen from 136.10 yen

    Euro/pound: UP at 87.06 pence from 86.80 pence

    West Texas Intermediate: UP 0.2 percent at $71.25 per barrel

    Brent North Sea crude: UP 0.2 percent at $75.38 per barrel

    New York – Dow: UP 0.1 percent at 33,348.60 (close)

    TRENDING: PREMIUM Gold Smart Trump Card. This is NOT just another no-use, memorabilia card! This is a Unique, Exclusive, Functional, SMART card that has great benefits. Premium Packaging – Every Card has it’s own box to keep it safe!

    PREMIUM Gold Smart Trump Card

    The Real President – ​​And the Plan To Restore Your Economy in 2023…The Lights Are On, But No One Is Home!

    The lights are on but no one is home.
    Every time someone drags the president out of the White House, he looks worse every time. Both physically and mentally. He is seemingly falling apart before the public eye. He complains baselessly about Karine Jean-Pierre 2021.jpgextremists, dangerous for democracy. He probably also believes in a strong economy and that there is no inflation. His press secretary Karine Jean-Pierre (pictured) makes it her full-time job to literally go behind and correct what the poor babbling lunatic says.

    So there is no doubt that millions of Americans have wondered: Who really is in control of the United States? Who sets the agenda and policy for the United States? because the president is not responsible…

    Read more HERE: https://amg-news.com/the-real-president-and-the-plan-to-restore-your-economy-in-2023the-lights-are-on-but-no-one-is-home/

    Also: QFS + RTGS: List of Banks that are Connected to the QFS System or are Being Connected – https://amg-news.com/qfs-rtgs-list-of-banks-that-are-connected-to-the-qfs-system-or-are-being-connected/

    SOURCE

    Content Redistribution Policy

    SUBSCRIBE MY NEWSLETTER FOR NEW BLOG POSTS, TIPS & NEW PHOTOS. LET’S STAY UPDATED!
    Economy Collapse Markets
    Share. Twitter Facebook Telegram WhatsApp Email Reddit VKontakte Copy Link
    Previous ArticleRestored Republic via a GCR as of May 16, 2023
    Next Article FDIC Seizure of Foreign Deposits at SVB Opens Pandora’s Box at JPMorgan Chase and Citi – Which Hold a Combined $1 Trillion in Foreign Deposits with No FDIC Insurance
    Medeea Greere
    • X (Twitter)

    Hello there, beautiful souls! It's me, Medeea Greere, and if we haven't crossed paths before, let me assure you it's no coincidence that you've landed here today. I've spent every sunrise and sunset of my life on a tireless quest, seeking out the radiant essence of truth in this vast, dazzling universe of ours. You see, life is a cosmic jigsaw, a symphony of mysteries that sometimes seem so complex, it's hard to grasp. Each piece, each note, is a fragment of the story - a vibrant thread in the tapestry of existence. But fear not! It's been my life's work, my singular passion, to weave these fragments into a narrative that not only makes sense, but fills your heart with hope and your soul with purpose. That's exactly why this website was born. Together, let's unravel the mystery, and embrace the Victory of the Light! With all my love, Medeea Greere

    Related Posts

    A Message to Our Readers: Medeea Greere Will Be Back Soon, Stronger Than Ever!

    May 8, 2025

    MEDICAL DEEP STATE LEAK: BIG PHARMA & DOCTORS EXPOSED: HOW THEY SCAM YOU TO DEATH WITH CHEMO AND RADIATION — DR. GLIDDEN REVEALS THE TRUTH THEY FEAR

    May 7, 2025

    BOMBSHELL EXTENDED — WARREN BUFFETT: “TO OWN A LOT OF OTHER CURRENCIES” BESIDES THE US DOLLAR. GLOBAL FINANCIAL RESET UNDERWAY

    May 7, 2025

    EXPLOSIVE: TRUMP TO REOPEN ALCATRAZ: “WE’RE BUILDING A HOME FOR THE TRAITORS WHO SOLD OUT THIS NATION”

    May 7, 2025

    BREAKING — FLORIDA DECLARES STATE OF EMERGENCY AS mRNA VACCINE DEATHS EXPLODE — “THIS IS GENOCIDE. NOT A SIDE EFFECT.” [OFFICIAL DATA]

    May 7, 2025

    BOOM! U.S. SUPREME COURT BACKS TRUMP: TRANSGENDER MILITARY BAN GOES INTO FULL EFFECT — “MENTAL ILLUSION HAS NO PLACE IN WARFARE”

    May 7, 2025

    Leave A Reply Cancel Reply

    SUPPORT US

    All donations are greatly appreciated and will absolutely be used to keep us in this fight for the future of America.

    SUPPORT US
    Judy Byington: Twenty Two Faces
    FEMA CAMP
    WARNING Scientists From Fukushima University of Japan Just Proved this Silent Clog is the Real Cause of BPH in Millions of Men Watch Video
    WARNING: Scientists From Fukushima University of Japan Just Proved this Silent Clog is the Real Cause of BPH in Millions of Men. Watch Video!
    WARNING! Controversial and Shocking Report Ahead!
    WARNING Controversial and Shocking Report Ahead
    WARNING Controversial and Shocking Report Ahead
    Divine Guardianship: The Harmony of Guardian Angels and Spiritual Salt
    Divine Guardianship The Harmony of Guardian Angels and Spiritual Salt
    Divine Guardianship The Harmony of Guardian Angels and Spiritual Salt
    How To Renew Your Cells In 7 Days
    MAKE AMERICA HEALTHY AGAIN: Home Retreat | How To Renew Your Cells In 7 Days
    MAKE AMERICA HEALTHY AGAIN: Home Retreat | How To Renew Your Cells In 7 Days
    Your subscription could not be saved. Please try again.
    Your subscription has been successful.

    Subscribe to our newsletter and stay updated.

    We are dedicated to the truth, true journalism and the truth movement. The truth will set us free and it will enlighten, inspire, awaken and unite us.
    Recent Posts
    • A Message to Our Readers: Medeea Greere Will Be Back Soon, Stronger Than Ever! May 8, 2025
    • MEDICAL DEEP STATE LEAK: BIG PHARMA & DOCTORS EXPOSED: HOW THEY SCAM YOU TO DEATH WITH CHEMO AND RADIATION — DR. GLIDDEN REVEALS THE TRUTH THEY FEAR May 7, 2025
    Recent Comments
    • Mark Jones on A Message to Our Readers: Medeea Greere Will Be Back Soon, Stronger Than Ever!
    • mike henning on A Message to Our Readers: Medeea Greere Will Be Back Soon, Stronger Than Ever!
    USEFUL LINKS
    • ABOUT US
    • CONTACT
    • REDISTRIBUTION POLICY
    • PRIVACY POLICY
    • SHOP
    • DONATE

     

    Subscribe my Newsletter for new blog posts, tips & new photos. Let’s stay updated!
    Telegram X (Twitter)
    © 2025 - amg-news.com - American Media Group. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.

    We are using cookies to give you the best experience on our website.

    You can find out more about which cookies we are using or switch them off in settings.

    amg-news.com - American Media Group
    Powered by AMG-NEWS.COM  GDPR Cookie Compliance
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

    Strictly Necessary Cookies

    Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

    If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

    3rd Party Cookies

    This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

    Keeping this cookie enabled helps us to improve our website.

    Please enable Strictly Necessary Cookies first so that we can save your preferences!